The Romania Mine Closure, Environmental and Scio-Economic Regeneration Project aims to strengthen the Government's ability to undertake mining sector reform by: (1) building the capacity of the ministry of economy and commerce for closing uneconomic mining enterprises through support for closing complex mines and ancillary enterprises in an environmentally sustainable manner; and (2) providing support to the National Agency for development and implementation reconstruction programs for the mining regions, local communities, and other agencies for community-based planning and socio-economic regeneration of the mining regions.
The Bank has received a request from the Government of Romania a letter dated November 28, 2011 requesting a six month extension of the project closing date, from November 30, 2011 to May 30, 2012, in order to fully achieve the project development objectives (PDO) and requesting the cancellation of US$31,089,780 out of the loan amount of US$120,000,000.
World Bank.Document Date: 2011/11/29.Document Type: Project Paper.Report Number: 65814.Volume No: 1 of 2 (See all volumes)
Romania - Mine Closure, Environmental and Socio-Economic Regeneration Project : restructuring (Vol. 1 of 2)
